Australian Market Report
Thursday 17 – Local markets surged to 20 month highs despite data indicating a rise in the jobless rate and a sharp fall in iron ore prices. Among the sectors, information technology, consumer staples and consumer discretionary performed well whereas materials and utilities both slipped.

The All Ordinaries gained 14.70 points (0.31%) to 4,779.70 while the S&P/ASX 200 gained 18.20 points (0.38%) to 4,756.60… Read More